.@rocifi is new credit scoring mechanism that enables you to borrow more than your collateral
You bundle a number of your wallets (particularly if they are 200+ days old) and create a score and mint it
Go to roci.fi/?utm_source=nfcsid_6847&utm_campaign=no and click "Mint NFCS" on the top right
Once you have generated your score, go to the Collateral page and deposit some WETH (atleast $10. More is better ofc)
Then go and borrow some money. Depending on your score, you will be able to borrow more than your collateral (particularly if you have an old, good wallet)
You can either use this money, or deposit it in RociFi itself to test the workflow
One issue I have with RociFi is the number of transactions you have to approve to do the above. Fortunately, it is on Polygon where gas is negligible
The undercollateralization isn't much. My wallet had a score of 4 (which is best you can get) and even I had to collateralize 84%
It is better than 100%+ collateral though. And, tbh, I think being conservative is good
No token as yet
Quests/rewards on discord.gg/xVugBgHaeK